'There are many gay Tory men who would like to sleep with David Cameron but it is Lady Thatcher whose portrait hangs over their bed!'

Central London was awash with celebration the other Sunday afternoon. On Horse Guards Parade Falklands veterans marked the Silver Jubilee of Mrs Thatcher's glorious victory and in the Ritz Hotel the Conservative Leader of Westminster City Council sealed his civil partnership with his fellow Councillor and Chief Whip.

In a vision in fuchsia pink Mrs Thatcher was the only dignitary to receive an ovation as she arrived on the reviewing dais and as she left the Victoria Memorial later in the afternoon (on the arm of Tony Blair) she was mobbed by ex-soldiers and the crowd in a slightly sedater version of Tom Cruise working a Leicester Square Premier.

At the Ritz over the jam and scones, Tory Grandees, ex-lord mayors, young, thrusting Westminster City Councillors and the odd Rabbi joined Sir Simon Milton and his partner Councillor Robert Davis' family and friends to wish them well and to prove how the Conservative Party has embraced the Gay equality agenda. In Sir Simon's speech he revealed that they had been a couple for 19 years having met at the height of the Thatcher Government.

In my experience many of the gay Politicians in the Tory party (a not inconsiderable number) joined the Conservative party and became active during the Thatcher years. Whilst her government acquired an unfortunate reputation for not being gay friendly, the notorious and unnecessary Section 28 (under which no one was ever prosecuted) did serious damage to the equality agenda.

However, whilst the underlying ethos of Thatcherism (based on individual liberty) might well be pro-gay it was Mrs T's personality which attracted so many homosexual men to the party. In a profession dominated by men with dandruff and hair coming out of their noses or women who appear to have been dragged through a hedge backwards (a la Shirley Williams), the pure elegance, feminine perfection, perfect dress sense, and sheer determination to change society drew many gay men to the Iron Lady.

Whilst her government might have had an anti-gay aura there was simply nothing in her personal attitude to demonstrate any prejudice, she appointed gay ministers including the tragic Earl of Avon (son of ex-Prime Minister Anthony Eden) who was one of the earliest victims of Aids.

On the subject of Aids it was her government with Norman Fowler as Health Secretary which faced the issue head on and refused to take a "moral" tone on public information and prevention work.

Since Lady Thatcher was stabbed in the back by a cabal of straight men in 1990 she has gone through her "Norma Desmond" phase ("it was Politics that got small" and has emerged as a worthy successor to the late Queen Mother as the Nation's favourite relic of a bygone era. In that pantheon of gay icons, abused by straight men, that includes Marilyn Monroe and Judy Garland, Margaret Thatcher has it all, beauty and brains.

There are many gay Tory men who would like to sleep with David Cameron but it is Lady Thatcher whose portrait hangs over their bed!